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RaynLim

Support Broken

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RaynLim  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Bat Shark askforex100 USDCAD support Bearish Shark sharkpatterns trendtrading candlestickpattern
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supportandresistance batpattern sharkpattern askforex100 usdcad support bearishshark sharkpatterns trendtrading candlestickpattern
If you had read last week's analysis, you would know I've been waiting for a buying opportunity on Major Support.

Now that the Support has broken, I'll be waiting for a shorting opportunity, and what is needed is a retest of previous support(1.3305), which turns resistant.

A better way for me to engage the shorting opportunity is to wait for the Bearish Shark Pattern that completes at 1.3321.

What's your trade plan for the USDCAD?
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RaynLim
All Time Support!!
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